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Re: hisikli1 post# 15916

Thursday, 08/25/2022 5:21:44 PM

Thursday, August 25, 2022 5:21:44 PM

Post# of 16002
Yeah, I think there are too many bright spots on the horizon to hold KAVL down much longer.

1. The Material details of the Phillip Morris worldwide distribution agreement

2. The 10Q is scheduled to come out in a little over two weeks. While it probably won't be stellar, they should be able to give some pretty reliable estimates for the current quarter and fiscal year.

3. Very few people own shares for less money than the current price. If public confidence grows toward the company's long-term success investors will be patient to bide their time. One would think KAVL would be impervious to inflation and recession. There are some things that people just won't live without.

Today the stock traded almost twice the outstanding shares today...AND ALMOST FOUR TIMES THE PUBLIC FLOAT.

With the volume of over 54 Million shares, the Volume Weighted Average Price was $1.57... so it seems to me that very few people own shares for less than the current price. AND... I would think the shorters were seeing that writing on the wall as well and will have to cover sooner and later.

Watch for opportunities with those you trust.

Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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